NOT LISTED FOR SALE

507 S 118th St Omaha, NE 68154

Estimated Value: $341,000 - $384,092

3 Beds
2.5 Baths
2,642 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $180,000 $68 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,578/month

90 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Corner Lot
  • Raised Ranch Architecture
  • Main Floor Bedroom
  • 4-minute walk to Meadow Lane Park

About This Home

As of December 2012

Beautiful 3 car garage Raised Ranch in popular Meadow Lane! Great woodwork throughout. Updated kitchen w/ hardwood floors and newer appliances. Large master bedroom with 3/4 bath. Oversized main floor family room with fireplace. Large finished lower level. Private courtyard patio. Sprinkler. Optional main floor utility. 3rd car garage setup for woodworking. Nice corner lot. Amazing location and opportunity. AMA

Last Agent to Sell the Property

Jeff Rensch

NP Dodge RE Sales Inc 86Dodge Brokerage Phone: 402-677-5333 License #0874220 Listed on: 08/10/2012

NP Dodge RE Sales Inc 86Dodge

Last Buyer's Agent

Jeff Rensch

NP Dodge RE Sales Inc 86Dodge Brokerage Phone: 402-677-5333 License #0874220 Listed on: 08/10/2012

NP Dodge RE Sales Inc 86Dodge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,165

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 101 x 130
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Family Room with Fireplace
  • 2 Fireplaces
  • Recreation Room with Fireplace
  • Basement

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Crestridge Elementary School
  • Beveridge Middle School
  • Burke High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Meadow Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1734310584
  • Tax Block 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,165

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Parcel Number: 1734310584
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Prop. Type: Residential
  • Lot Size: 101 x 130
  • Ownership: Fee Simple
  • Subdivision Name: Meadow Lane
  • Directions: 120th to Jackson east 2 blocks to home
  • Above Grade Finished Sq Ft: 1892
  • Architectural Style: Raised Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Kitchen Level: Main Floor
  • Attribution Contact: M: 402-677-5333
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Dishwasher
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 750
  • Fireplace Features: Recreation Room, Family Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 2642
  • Main Level Bathrooms: 2
  • Room Office Area: 117
  • Room Kitchen Area: 250
  • Room Office Level: Below Grade
  • Room Bedroom2 Area: 94.744
  • Bedroom 1 Level: Main Floor
  • Room Bedroom2 Level: Main Floor
  • Room Family Room Area: 302.5
  • Room Living Room Area: 270
  • Room Office Features: Wall/Wall Carpeting
  • Room Family Room Level: Main Floor
  • Room Kitchen Features: Wood Floor
  • Living Room Living Room Level: Main Floor
  • Bedroom 1 Features: Wall/Wall Carpeting
  • Room Bedroom2 Features: Wall/Wall Carpeting
  • Room Master Bedroom Area: 309.54
  • Family Room Features: Wall/Wall Carpeting, Fireplace
  • Living Room Features: Wall/Wall Carpeting
  • Master Bedroom Master Bedroom Level: Main Floor
  • Master Bedroom Master Bedroom Width: 14
  • Master Bedroom Features: Wall/Wall Carpeting
  • Master Bathroom Features: 3/4

Exterior Features

  • Exterior Features: Sprinkler System, Lighting
  • Fencing: Partial
  • Home Warranty: No
  • Construction Type: Brick/Other
  • Patio And Porch Features: Porch, Patio
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Parking Features: Built-In
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • High School: Burke
  • Elementary School: Crestridge
  • Junior High Dist: Omaha
  • Middle Or Junior School: Beveridge

Lot Info

  • Property Attached Yn: No
  • Lot Features: Over 1/4 up to 1/2 Acre, Corner Lot
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 4165.4
  • Tax Block: 5

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2012
Closed on
Dec 7, 2012
Sold by
Pettit Robert E and Pettit Patty J
Bought by
Mccoy Timothy R and Miller Mccoy Michelle
Seller's Agent
Jeff Rensch
NP Dodge RE Sales Inc 86Dodge
Buyer's Agent
Jeff Rensch
NP Dodge RE Sales Inc 86Dodge
List Price
$225,000
Sold Price
$180,000
Premium/Discount to List
-$45,000
-20%
Current Estimated Value
$367,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,023
Avg. Annual Appreciation
5.81%
Original Mortgage
$170,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mccoy Timothy R $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccoy Timothy R $152,800
Closed Mccoy Timothy R $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $180,000 -20.0% $68 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $225,000 -- $85 / Sq Ft
Source: Great Plains Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,952 $329,500 $34,000 $295,500
2022 $5,896 $276,200 $34,000 $242,200
2021 $5,382 $254,300 $34,000 $220,300
2020 $5,237 $244,600 $34,000 $210,600
2019 $5,252 $244,600 $34,000 $210,600
2018 $4,683 $217,800 $34,000 $183,800
2017 $4,706 $217,800 $34,000 $183,800
2016 $4,549 $212,000 $20,900 $191,100
2015 $4,194 $198,100 $19,500 $178,600
2014 $4,194 $198,100 $19,500 $178,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 21214569

Great Plains Regional MLS

APN: 3431-0584-17